Imperial Oil Stock Market Value
| IMO Stock | USD 70.51 0.07 0.1% |
| Symbol | Imperial |
Imperial Oil Price To Book Ratio
Is Imperial Oil's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Imperial Oil. If investors know Imperial will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Imperial Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Dividend Share 1.94 | Earnings Share 6.15 | Revenue Per Share 88.208 | Quarterly Revenue Growth (0.1) |
The market value of Imperial Oil is measured differently than its book value, which is the value of Imperial that is recorded on the company's balance sheet. Investors also form their own opinion of Imperial Oil's value that differs from its market value or its book value, called intrinsic value, which is Imperial Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Imperial Oil's market value can be influenced by many factors that don't directly affect Imperial Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Imperial Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Imperial Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Imperial Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Imperial Oil 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Imperial Oil's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Imperial Oil.
| 05/04/2022 |
| 04/23/2024 |
If you would invest 0.00 in Imperial Oil on May 4, 2022 and sell it all today you would earn a total of 0.00 from holding Imperial Oil or generate 0.0% return on investment in Imperial Oil over 720 days. Imperial Oil is related to or competes with Shell PLC, and Petróleo Brasileiro. Imperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada More
Imperial Oil Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Imperial Oil's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Imperial Oil upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.35 | |||
| Information Ratio | 0.1963 | |||
| Maximum Drawdown | 6.8 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 2.56 |
Imperial Oil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Imperial Oil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Imperial Oil's standard deviation. In reality, there are many statistical measures that can use Imperial Oil historical prices to predict the future Imperial Oil's volatility.| Risk Adjusted Performance | 0.165 | |||
| Jensen Alpha | 0.2962 | |||
| Total Risk Alpha | 0.1759 | |||
| Sortino Ratio | 0.208 | |||
| Treynor Ratio | 0.4472 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Imperial Oil's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Imperial Oil Backtested Returns
Imperial Oil appears to be very steady, given 3 months investment horizon. Imperial Oil holds Efficiency (Sharpe) Ratio of 0.27, which attests that the entity had a 0.27% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Imperial Oil, which you can use to evaluate the volatility of the firm. Please utilize Imperial Oil's Market Risk Adjusted Performance of 0.4572, downside deviation of 1.35, and Risk Adjusted Performance of 0.165 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Imperial Oil holds a performance score of 21. The company retains a Market Volatility (i.e., Beta) of 0.81, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Imperial Oil's returns are expected to increase less than the market. However, during the bear market, the loss of holding Imperial Oil is expected to be smaller as well. Please check Imperial Oil's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Imperial Oil's current trending patterns will revert.
Auto-correlation | 0.19 |
Very weak predictability
Imperial Oil has very weak predictability. Overlapping area represents the amount of predictability between Imperial Oil time series from 4th of May 2022 to 29th of April 2023 and 29th of April 2023 to 23rd of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Imperial Oil price movement. The serial correlation of 0.19 indicates that over 19.0% of current Imperial Oil price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 45.91 |
Imperial Oil lagged returns against current returns
Autocorrelation, which is Imperial Oil stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Imperial Oil's stock expected returns. We can calculate the autocorrelation of Imperial Oil returns to help us make a trade decision. For example, suppose you find that Imperial Oil has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Imperial Oil regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Imperial Oil stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Imperial Oil stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Imperial Oil stock over time.
Current vs Lagged Prices |
| Timeline |
Imperial Oil Lagged Returns
When evaluating Imperial Oil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Imperial Oil stock have on its future price. Imperial Oil autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Imperial Oil autocorrelation shows the relationship between Imperial Oil stock current value and its past values and can show if there is a momentum factor associated with investing in Imperial Oil.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Imperial Oil Correlation, Imperial Oil Volatility and Imperial Oil Alpha and Beta module to complement your research on Imperial Oil. To learn how to invest in Imperial Stock, please use our How to Invest in Imperial Oil guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Imperial Stock analysis
When running Imperial Oil's price analysis, check to measure Imperial Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Imperial Oil is operating at the current time. Most of Imperial Oil's value examination focuses on studying past and present price action to predict the probability of Imperial Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Imperial Oil's price. Additionally, you may evaluate how the addition of Imperial Oil to your portfolios can decrease your overall portfolio volatility.
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |
Imperial Oil technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.